Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israeli airstrikes in northern Gaza have resulted in the deaths of many Palestinians, as reported by Hamas. The offensive continued after the killing of Yahya Sinwar, the leader of the militant group. Hamas claimed that … Read more
“ Backed by the full faith and credit of the federal government, U.S. Treasuries bonds have long been viewed as the gold standard in safe investments. In times of uncertainty, economic downturns, or full-blown crises, investors have flocked to Treasuries as a haven. But what if actual gold is the new gold standard for a … Read more
At the same time, personal savings rates have dropped as consumers dip into their reserves to keep up with higher prices. The savings rate was 6.9% in September, down from a pandemic peak of 33.8% in April 2020. Businesses, too, have been feeling the pinch. The Producer Price Index, a measure of wholesale inflation, increased … Read more
“ (Bloomberg) — Ahead of the upcoming meetings in Washington, global finance ministers have been urged by the International Monetary Fund to focus on tightening their budgets. Two weeks before a crucial US election and following a recent inflation crisis, ministers and central bankers gathering in Washington are facing increasing pressure to address their fiscal … Read more
By Tom Balmforth and Alexander Tanas CHISINAU (Reuters) – Moldovans are casting their votes on Sunday in a presidential election and EU referendum at a critical juncture that could strengthen the small agricultural economy’s efforts to join the European Union, amid accusations of Russian interference in the election. With the ongoing war in Ukraine to … Read more
Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House Donald Trump sparked further concern about his mental state on Saturday after making lewd remarks about the late golfer Arnold Palmer during a rally in Pennsylvania, straying from the usual political discourse … Read more
“ When you save up for a meal at a renowned restaurant in a distant city, you probably don’t think about philanthropy and sustainability. For a Barcelona-based chef who recently won a major culinary humanitarian award, this is a problem that needs addressing. Andres Torres, a former war correspondent, has transformed his battlefield experiences into … Read more
CNBC gives you a glimpse into the individuals behind the massive financial transactions taking place off the F1 track, in the premiere episode of this season of ‘Inside Track: The Business of Formula 1.’ In the fast-paced world of Formula One, achieving success requires more than just skilled drivers and engineers. F1’s negotiators have facilitated … Read more
The stock market is currently near all-time highs, resulting in a low dividend yield on the S&P 500 Index of 1.2%, which may not be appealing to dividend investors. However, there are opportunities to generate higher yields with stocks like Realty Income and Toronto-Dominion Bank. These are considered top high-yield stock picks, but it’s important … Read more
“ By Ananda Teresia and Stefanno Sulaiman Indonesia’s Prabowo Subianto officially assumed the presidency on Sunday, becoming the leader of the world’s third-largest democracy. He emerged victorious in the election with nearly 60% of the vote, running on platforms such as providing free meals for school children and forming a strong parliamentary coalition over the … Read more